Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tokyo Commodity Exchange Price Limit And Margin For March 2009

Date 24/02/2009

Margins and Price Limits to be applied for the trades in March 2009 are as follows (Unit: JPY):

Commodity

Contract Month

Initial*1 Spot Month*2 Extra-ordinary*3 Price Limit

EPR*4(+/-Ref. Price*5)

WPR*6(+/-Ref. Price)

Rubber

MAR'09

75,000

37,500

-

-

0.3

1.0

APR'09
-SEP'09

75,000

-

-

16.0

Gold
(Standard)

APR'09

150,000

75,000

-

-

3

8

JUN'09
-FEB'10

150,000

-

-

150

Gold
(Mini)

APR'09

20,000

-

-

-

3

8

JUN'09
-FEB'10

20,000

-

-

150

Gold Options

All series

  75,000

-

-

-

3

8

75,000

-

-

150

Silver

APR'09

99,000

49,500

-

-

0.7

2.0

JUN'09
-FEB'10

99,000

-

-

40.0

Platinum

APR'09

135,000

135,000

-

-

3

10

JUN'09
-FEB'10

135,000

-

-

300

Platinum
(Mini)

APR'09

36,000

-

-

-

3

10

JUN'09
-FEB'10

36,000

-

-

300

Palladium

APR'09

45,000

45,000

-

-

3

10

JUN'09
-FEB'10

45,000

-

-

80

Crude Oil

MAR'09

210,000

-

-

-

30

200

APR'09
-AUG'09

210,000

-

-

3,600

Gasoline

APR'09

210,000

105,000

-

-

30

200

MAY'09
-OCT'09

210,000

-

-

3,600

Kerosene

APR'09

210,000

105,000

-

-

30

200

MAY'09
-OCT'09

210,000

-

-

3,600

Aluminum

APR'09

60,000

30,000

-

-

0.5

1.2

JUN'09
-FEB'10

 60,000

-

-

16.0

*1 Initial : Maintenance Amount for Initial Clearing Margin
*2 Spot Month : Spot Month Additional Clearing Margin
*3 Extraordinary : Extraordinary Clearing Margin
*4 EPR : Executable Price Range
*5 RP: Reference Price
*6 WPR: Warning Point Range

<Spot Month Additional Clearing Margin>  
* For the February 2009 contract of Rubber, Spot Month Additional Clearing Margins (JPY 37,500) shall be required on and after January 27, 2009.  
* For the March 2009 contracts of Gasoline and Kerosene, Spot Month Additional Clearing Margins (Gasoline: JPY 105,000, Kerosene: JPY 105,000) shall be required on and after January 26, 2009.     

 <Price Limit>  
* No price limit will be imposed on and after January 27, 2009 for the February 2009 contract of Rubber.
* No price limit will be imposed on and after January 26, 2009 for the March 2009 contracts of Gasoline and Kerosene.
* With regards to Palladium, if the final contract price for all or a part of the contract months drops below JPY 400 to within the three hundred yen level, the price limits for Palladium shall be JPY 60 on and after the following business day.